Shaw Communications Net Worth

Net Worth: $25 Billion
 
STATISTICS
Type Public
Industry Telecommunications
Founded 1966; 55 years ago (as Capital Cable Television Company, Ltd.)
Edmonton, Alberta, Canada
Headquarters 630 3rd Avenue SW
Calgary, Alberta
T2P 4L4
Key people
Bradley S. Shaw (CEO)
Paul McAleese (President)
Paul McAleese (COO, Freedom Mobile)
Products Cable television, high speed internet, telephone, satellite television, network and specialty broadcasting, logistics tracking, radio
Revenue Increase CAD $5.407 billion (2020)
Increase CAD $2.161 billion (2019)
Increase CAD $738 million (2019)
Number of employees
15,000 (2018)
Parent Rogers Communications (sale pending)
Divisions Shaw Broadcast Services, Shaw Direct
Subsidiaries Freedom Mobile (Shaw Mobile)
Website www.shaw.ca

About Shaw Communications

Shaw Communications is a Canadian telecommunications company with an estimated net worth of $25 Billion. The company was founded in 1966 as Capital Cable Television Company, Ltd. The company provides telephone, Internet, television, and mobile services.

The companies main competitor is Telus communications following the pending acquisition of Rogers Communications On March 15, 2021, Rogers announced that it will acquire Shaw for $26 billion, subject to regulatory and shareholder approval. This proposed acquisition was criticized by public lobby groups like OpenMedia, as a move that would reduce national competition in the Canadian wireless communication market by removing one of the four major competitors from the market in order for Rogers to take control of more market share in the industry.